KUALA LUMPUR: Rationalisation of subsidies is part of the government’s initiative to decrease annual borrowing to RM86 billion in 2024 from RM93 billion in 2023 and RM100 billion in 2022, said Prime Minister Datuk Seri Anwar Ibrahim.
Also present were Deputy Finance Minister Lim Hui Ying, Treasury secretary-general Datuk Johan Mahmood Merican and Inland Revenue Board Malaysia chief executive officer Datuk Dr Abu Tariq Jamaluddin. " was not raised as we are currently dealing with diesel so providing proper understanding is vital because sometimes this issue could be twisted.
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